The Company terminated the previously announced non-binding Letter of Intent covering certain acreage in Reagan and Irion Counties, Texas, as a result of issues arising from our due diligence investigations.
The Company continues to investigate other acquisition and joint development opportunities and will report should it reach a material agreement in principle.
April 10 2012 that statement came out.
GGP Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held